Flat rate rewards credit cards offers unlimited flat rate rewards points on all your purchases. It does not require you to fulfill any bonus categories so it is easier for you to earn the rewards points. The following are the top six credit cards that feature unlimited rewards programs suitable for small business owners.
1. Capital One Spark Cash for Business
Capital One Spark Cash for Business is a flat rate credit card that offers long term vale. With Capital One Spark Cash for Business, you can earn unlimited 2% cash back no matter what you spend on. Additionally, the card offers a signup bonus of $500 for those who meet the minimum spending requirement of $4,500 within a three month period. There is no annual fee in the first year but you will be charged with a $59 fee afterwards. The card does not charge any transaction fee.
2. Capital One Spark Classic for Business
Capital One Spark Classic for Business offers unlimited 1% cash back on per dollar spent for all purchases. The card offers many benefits including no annual fee, no foreign transaction fee, free year end summaries, and fraud coverage. You can add on employee cards for free without having to pay extra fees. Capital One Spark Classic for Business is a basic business card for people with fair/limited credit score and the lowest credit line that can be approved is $500.
3. Barclaycard CashForward World MasterCard
Barclaycard CashForward World MasterCard provides unlimited 1.5% cash back on all purchases. You must have earned a minimum cash back of $50 in order to be eligible for redemption. You will get a signup bonus of $200 after having spent at least $1,000 within a period of 90 days.
4. Capital One Venture Rewards
Capital One Venture Rewards credit card allows cardholders to earn unlimited 2x miles on all purchases. If you are a new cardholder, you will earn a 40,000 bonus miles after having spent at least $3,000 within a period of 3 months. Every mile is equal one cent. The card’s annual fee of 59 is waived in the first year. It is suitable for use in paying for business expenses overseas because it has no foreign transaction fee.
5. Discover it Miles
Discover it Miles is a great card for businessmen that travel a lot. It offers unlimited 1.5 miles for per dollar spent. All miles that have been accumulated during the first year will be matched at the year end. You can temporarily disable your card by using the on/off switch in your account to prevent new transaction. It has no annual fee and the offers free FICO credit score statement online.
6. Barclay Arrival Plus World Elite MasterCard
Barclay Arrival Plus World Elite MasterCard gives cardholders the opportunity of earning unlimited0 2x miles on all purchases. The next time you go to redeem the points, they will give you an additional 5% miles back. The card features a signup bonus of 50,000 bonus points for those who have spent $3,000 within a period of 90 days. The rewards points can be exchanged with vouchers and merchandises.